ICAP Commits Investment in Golden Horizon Platform

Investcorp Capital (ICAP), founded by Bahrain-based Investcorp and listed on the Abu Dhabi Securities Exchange (ADX), on Monday said that it will invest in Investcorp Golden Horizon, an Investcorp managed platform, anchored by China Investment Corporation (CIC).

The platform, which had its final close recently at $750 million, focuses mainly on investing in the GCC region through the Investcorp Saudi Pre-IPO Growth (SPIPO) vehicle and has secured commitments from a diverse group of global institutional investors and LPs, including Jada Fund of Funds (a subsidiary of PIF), Silk Road Fund, and Bank of China, among others spanning the GCC, Asia, and China.

Investcorp Golden Horizon targets high-growth investments in the consumer, healthcare, transportation & logistics, and business services sectors across the GCC and China, it said in a bourse filing this morning.

The platform focuses on established companies with scale and maturity that are well-positioned for IPOs or strategic exits through trade sales within three to five years. Together, Investcorp and CIC will look to support portfolio companies seeking to capture new growth opportunities by expanding cross-border activity between the GCC and China.

ICAP’s core strategy is to give public investors access to attractive private market opportunities, and its commitment to the Platform reflects this mission. By participating in Investcorp Golden Horizon, like other Investcorp managed investments, ICAP is enabling its shareholders to benefit from Investcorp’s expansive investment capabilities and its multi-decade track record.

To date, the Investcorp Saudi Pre-IPO Growth Fund, which is part of the platform, has made three investments in companies in the GCC and is actively pursuing additional opportunities in the region. These include NourNet (ICT services provider) and Salla (SaaS e-commerce enablement platform). both in Saudi Arabia, and Trukker (On-demand digital trucking services) in the UAE.

Major Milestone

ICAP Chairman Mohammed Bin Mahfoodh Alardhi said that the final close of Investcorp Golden Horizon marks an important milestone in their partnership with CIC and other leading international LPs.

ICAP’s commitment to the platform demonstrates confidence in Investcorp’s entrenched presence in the region and its ability to identify and support high-quality companies with strong growth potential, covering particularly dynamic markets and countries, he noted.

“With over four decades of experience in the GCC and a growing presence across Asia, Investcorp is well placed to facilitate cross-border capital flows and seek to deliver value for our investors and stakeholders,” he added.

ICAP CEO Sana Khatersaid that they were pleased with the successful final close of Investcorp Golden Horizon, a platform they were proud to support since its launch.

“Our investment in the platform reflects our confidence in its ability to capture growth opportunities across high-potential industries. We remain focused on seeking to deliver long-term value for our shareholders by providing access to attractive investment opportunities in private markets sourced and managed through Investcorp’s deep credentials and global presence across multiple markets and asset classes,” she added.